Cardinal Energy Ltd. has received approval to extend the revolving period applicable to the company’s existing reserves-based credit facility to Sept. 30, 2020.
September 1, 2020, 12 AM MDT
Gear Energy Ltd.’s syndicated credit facilities redetermination scheduled for Aug. 31, 2020 has been completed with no changes to the borrowing base.
August 31, 2020, 7:56 AM MDT
Painted Pony Energy Ltd. signed an agreement to extend its annual borrowing base redetermination date from Aug. 31, 2020 to the earlier of either Oct. 31, 2020 or the date on which the arrangement between Painted Pony and Canadian Natural Resources Limited is unable to be completed.
August 31, 2020, 2:40 PM MDT
Leucrotta Exploration Inc.’s board of directors approved the granting of incentive stock options under its stock option plan to certain of its directors and officers to acquire up to an aggregate of 5.47 million common shares of the company and the granting of options to certain of its employees and consultants to acquire up to an aggregate of 1.54 million common shares.
August 31, 2020, 12 AM MDT
Gibson Energy Inc. has received approval for a normal course issuer bid (NCIB).
August 27, 2020, 6:45 AM MDT
Cequence Energy Ltd. announced a recapitalization transaction to be implemented as a plan of compromise and arrangement under the Companies’ Creditors Arrangement Act (CCAA) that will allow Cequence to reduce its debt and interest costs and improve liquidity to fund future operations.
August 25, 2020, 12 AM MDT
August 25, 2020, 7:59 AM MDT
August 24, 2020, 8:27 AM MDT
August 21, 2020, 10:13 AM MDT
The Toronto Stock Exchange (TSX) has approved Precision Drilling Corporation’s intention to implement a normal course issuer bid (NCIB) through the facilities of the TSX and the New York Stock Exchange for a portion of its common shares.
August 21, 2020, 6 AM MDT
Bonterra Energy Corp. has entered into a non-binding term sheet with the Business Development Bank of Canada (BDC), in partnership with its syndicate of lenders, for a non-revolving four-year term facility of potentially up to $45 million and subject to formal credit approval from BDC and the syndicate.
August 20, 2020, 3:56 PM MDT
Canadian Spirit Resources Inc. has initiated a process to identify and pursue strategic alternatives to maximize the value of the company's Montney resource base at Farrell Creek, Altares and Attachie.
August 20, 2020, 12 AM MDT
Journey Energy Inc. has extended the forbearance agreement with its banking syndicate.
August 20, 2020, 12 AM MDT
None of Enbridge Inc.’s outstanding cumulative redeemable preference shares, Series 15, will be converted into cumulative redeemable preference shares, Series 16, of Enbridge on Sept. 1, 2020.
August 19, 2020, 12 AM MDT
Wilks Brothers, LLC says Calfrac Well Services Ltd.’s determination that Wilks Brothers’s proposal is not a superior proposal is “deeply troubling.”
August 18, 2020, 8:31 AM MDT
The special committee of independent directors of Calfrac Well Services Ltd. has determined that the Wilks Brothers, LLC proposal is not a superior proposal.
August 17, 2020, 4:50 AM MDT
Success in obtaining additional long term financing with the Business Development Bank of Canada (BDC) should provide the liquidity to enable InPlay Oil Corp. to resume its 2020 development capital program by the end of 2020, says the company.
August 14, 2020, 6 AM MDT
Bonavista Energy Corporation completed its previously announced recapitalization transaction.
August 12, 2020, 7:34 AM MDT
Perpetual Energy Inc. extended the revolving credit period applicable to the company's existing $20 million credit facility to Oct. 30, 2020.
August 11, 2020, 12 AM MDT
The Toronto Stock Exchange (TSX) has accepted PHX Energy Services Corp.’s notice of intention to renew its normal course issuer bid for a further one-year term.
August 11, 2020, 7:53 AM MDT
August 11, 2020, 11:22 AM MDT
Calfrac Well Services Ltd. has obtained an interim order in connection with the\ company's previously announced recapitalization transaction.
August 10, 2020, 10:52 AM MDT
Journey Energy Inc. received an extension to the forbearance agreement with its banking syndicate.
August 10, 2020, 6 AM MDT
Husky Energy Inc. has agreed to issue pursuant to a public offering C$1.25 billion of notes, which will mature on Feb. 7, 2028.
August 6, 2020, 12 AM MDT
Cardinal Energy Ltd. has completed the redetermination of its credit facility in partnership with its syndicate of lenders.
August 6, 2020, 4:57 AM MDT